Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Martin A. Helfand who wrote (27787)	4/29/1998 1:04:00 PM
From: HB	Respond to of 132070

I don't own it :-( but Elan is a company I've considered buying off and on for years, always felt like I shouldn't buy at an all-time high, but the thing has been at or near all time highs for years -G-. Higher highs, too. One of those steady growers. I can't keep track of how many splits, but it was a good 'un... I think at least 6 fold price increase since 1994. I haven't researched it recently but if you are being offered stock and have substantial capital gains on NXCO which you don't want to realize, I would take a very serious look at Elan because it may well still be the superb investment it has been over the last several years (at least). I first got interested in Elan because they were leaders in proprietary drug-delivery systems (time release versions of things that were difficult to do well, and very useful to have time-released versions of). They seem to be diversifying into neuro stuff quite a bit (Athena Neurosciences is another purchase I can recall, a year or 2 ago), and I can imagine there are synergies with their drug-delivery competences there. Let us know if you like Elan after more research! I recall some lurkers who own the thing, so maybe they can tell us what they think, if they can manage to talk through the broad grin that must break out whenever anyone mentions the stock! HB

To: Martin A. Helfand who wrote (27787)	4/30/1998 11:17:00 AM
From: Knighty Tin	Respond to of 132070

Marty, I agree with what Howard says about Elan, but I have sold my position. My style is to buy them dirt cheap and sell them when they get recognized. I sold my last piece of NXCO at 20 1/4. I think for long term investors, Elan could be a good hold and I was tempted to retain a third. But since I was only holding 2/3s when this thing took off, I decided to count my profits instead. If you have a long term growth approach, I think Elan is pricey but making all the right moves. MB